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. >>> you can cut tax rates bay 20% and still preserve these preferences for taxpayers. >> it is not mathematically possible. >> it is mathematically possible. >> it's never been done before. >> it's been done couple times. jack kennedy lowers tax rates. >> now you are jack kennedy. >> that is one of more mild ones in the debate last tuesday. some critics are calling biden's performance mocking and bullying. so here is the question we're asking today. are these the qualities that americans want in the next leader? let's bring in our political panel, julie is here fox news contributor and dede is strategist and mary walters a radio talk show host. let's start with you. what kind of influence do you think this will have on the eventually election? >> here is the think. i think biggest influence this guy is one thing by the way from the nuclear code. she laughing about various issues, libya, people dying. it was really weird. it was kind of creepy. this guy jumped on the crazy train and never got it. did it did influence folks knowing this guy could be the president one day. >> heather:
. >>> you can cut tax rates bay 20% and still preserve these preferences for taxpayers. >> it is not mathematically possible. >> it is mathematically possible. >> it's never been done before. >> it's been done couple times. jack kennedy lowers tax rates. >> now you are jack kennedy. >> that is one of more mild ones in the debate last tuesday. some critics are calling biden's performance mocking and bullying. so here is the question we're asking...
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that of course creates more tax revenue. in essence, you have more revenue that could be used in the government. so what we're looking at is -- >> by the way, just -- the 12 million figure that you guys like to use, economists have said if no one does anything, 12 million jobs are going to be added over the next few years. to say that 12 million jobs is an incredible achievement. >> i would say it's incredible when you look at president obama's current stagnant economy, when you're only seeing the gdp growing at 1.2%. and less than 114,000 jobs are being created a month. i mean it's just been, the way president obama has worked, where he's not been able to work with congress, not been able to provide the leadership to really get this economy going. just shows he has a failed policy that hasn't worked. we're seeing that medium household incomes have dropped. not enough jobs, jobs are not being created at the rate they should be created. under his plan, it would cost 700,000 jobs. that's not the plan we need to have for americ
that of course creates more tax revenue. in essence, you have more revenue that could be used in the government. so what we're looking at is -- >> by the way, just -- the 12 million figure that you guys like to use, economists have said if no one does anything, 12 million jobs are going to be added over the next few years. to say that 12 million jobs is an incredible achievement. >> i would say it's incredible when you look at president obama's current stagnant economy, when you're...
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it is a shame that 1 dollar of my tax dollars goes to this. if you are in that bureaucracy, a whole lot more than 1 dollar, you're getting a lot of concentrated benefits. you are going to fight tooth and nail to keep those programs. that is why a clean slate needs to be what we need. >> we are at transport in las vegas. we are talking with author tom woods about his new book, "rollback: repaling big government before the coming fiscal collapse." >> but that is another one of these topics, again, we are taught to not really think about, not to subject them to little scrutiny. that you have a question about the federal reserve, people who clearly are saying that it's okay. what does it do? what is it about? what i'm suggesting is that the fed is actually not the institution that when we spontaneously have these business cycles that have no explanation, but that comes to the restroom solves the problem. they typically intensifies the problem and what we need do is roll back the fed as well. the conventional wisdom surrounding the fed is dead wron
it is a shame that 1 dollar of my tax dollars goes to this. if you are in that bureaucracy, a whole lot more than 1 dollar, you're getting a lot of concentrated benefits. you are going to fight tooth and nail to keep those programs. that is why a clean slate needs to be what we need. >> we are at transport in las vegas. we are talking with author tom woods about his new book, "rollback: repaling big government before the coming fiscal collapse." >> but that is another one...
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. >> narrator: he had changed his rhetoric on gun rights, gay rights, climate change and the tax pledge. he lost in iowa, new hampshire and florida. just one month into the primaries, romney's campaign was over. >> i entered this race because i love america. i feel i have to now stand aside for our party and for our country. >> narrator: romney had fallen short, unable to secure the presidential nomination. (crowd chanting): mitt! mitt! >> the mitt romney in 2008 was partly a politician and very much a business person and totally a novice to what it meant to be a national candidate. >> narrator: he had spent $45 million of his own money on the campaign. >> on the plane back to boston, following his announcement, he turned to me and he said, "eric, what are you going to do? we've got to figure out what our people are going to do. they're going to be moving on into other jobs." this was not a person who was thinking about running again for president. i think he felt he had his opportunity and the door had closed to him. >> it's a whole new political world for the president. >> narrator: n
. >> narrator: he had changed his rhetoric on gun rights, gay rights, climate change and the tax pledge. he lost in iowa, new hampshire and florida. just one month into the primaries, romney's campaign was over. >> i entered this race because i love america. i feel i have to now stand aside for our party and for our country. >> narrator: romney had fallen short, unable to secure the presidential nomination. (crowd chanting): mitt! mitt! >> the mitt romney in 2008 was...
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specifically the 20% across the board tax cut. why are they being so vague and will governor romney get specific at this debate? >> you know, it's funny. it cuts both ways. i think the reason they're not going specific is because they don't want to be attacked. they put the romney and ryan ticket on the defense. but i've heerd governor romney say this. he says i want to work in a bipartisan way. i want to work with democrats on capitol hill. i want to do what george w. bush did with no child left behind. that's to allow the congress -- that is to allow the legislative branch to be a part of the process. and thus in the process create or draft a piece of legislation that we can all work with. so i think it's a combination of both answers, alex. >> president obama had tough reviews following the first debate. what do you think is the greatest challenge in round two? >> the white house said to make adjustments. i think it's to make the adjustments without overcorrecting in some way. i don't think the voters want him to come out compl
specifically the 20% across the board tax cut. why are they being so vague and will governor romney get specific at this debate? >> you know, it's funny. it cuts both ways. i think the reason they're not going specific is because they don't want to be attacked. they put the romney and ryan ticket on the defense. but i've heerd governor romney say this. he says i want to work in a bipartisan way. i want to work with democrats on capitol hill. i want to do what george w. bush did with no...
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-- taxes on that money and the only tax on capital gains you pay is earned. host: do you think this issue comes up enough in the ads? caller: nom, it's not. host: do you think that adds should have a different focus? caller: i think they should focus on what will happen now. they should go back and see what they have done and what they say they will do now. host: stick a look at another at ad - >> we the people, the middle class to move this country for, work hard, raise families and keep america strong. amid run the budget plan will hurt the image it -- the middle class, raising taxes on the average family by up to $2,000 like giving a tax break of $250,000 to multimillionaire's. does and mitt romney understand that we cannot rebuild america by tearing down the middle class? host: one of the pro- obama ads - pennsylvania on our republican line, good morning. caller: good morning, a most interesting discussion. i think the ads reflect a lack of character in this country. the founding fathers said that the republic system of government demands at this and the
-- taxes on that money and the only tax on capital gains you pay is earned. host: do you think this issue comes up enough in the ads? caller: nom, it's not. host: do you think that adds should have a different focus? caller: i think they should focus on what will happen now. they should go back and see what they have done and what they say they will do now. host: stick a look at another at ad - >> we the people, the middle class to move this country for, work hard, raise families and keep...
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age 19, travis wolfkill was convicted of stabbing and beating his grandmother to death over a $300 tax refund check. he's currently on appeal but his sentence is life without parole. >> you don't really wrap your mind around it. because i'm not doing time. i'm just living life. it's a life different from out there. we have a lot of the same things in here that you do have out there. it's a little world in here. >> wolfkill devotes much of his time to his religion, satanism. >> i'm in a satanic group here. only about four of us here. it's a small community. >> the thing about satanism, we don't encourage or condone the breaking of laws. one of the biggest misconceptions about satanists is that we worship the devil. we pay homage to lucifer. the truth is, we don't believe in satan, we don't believe in lucifer. he's merely a symbol. who is satan? the original rebel. this actually has all of the teachings in it. this has what's called the 11 satanic rules of the earth. if you look at number nine, it says do not harm little children. number ten says do not kill nonhuman animals unless you a
age 19, travis wolfkill was convicted of stabbing and beating his grandmother to death over a $300 tax refund check. he's currently on appeal but his sentence is life without parole. >> you don't really wrap your mind around it. because i'm not doing time. i'm just living life. it's a life different from out there. we have a lot of the same things in here that you do have out there. it's a little world in here. >> wolfkill devotes much of his time to his religion, satanism. >>...
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i will not raise taxes on middle class americans and i will not raise taxes on small business! [ cheers and applause ] if he were to get reelected, there is no question he's going to fully install obamacare. if i get elected -- by the way, that means that your premiums will go up $2,500 a year. that there will be an unelected board that ultimately tells what you kind of treatments you can have and not have to get reimbursed. you'll have people who lose their insurance, up to 20 million people who have insurance now with are going to lose it. employers are dropping people from full-time jobs and putting them into part-time jobs, in part because of obamacare. if i get elected president, we're going to repeal obamacare and put in place real reforms that helps with the cost of health care. [ cheers and applause ] if this president gets reelected, why, i think he's made it very clear he's in favor of hundreds of billions of dollars of cuts to our military. with the sequester that the white house authored as well, why, that is hundreds of millions on top of that, roughly a trillion d
i will not raise taxes on middle class americans and i will not raise taxes on small business! [ cheers and applause ] if he were to get reelected, there is no question he's going to fully install obamacare. if i get elected -- by the way, that means that your premiums will go up $2,500 a year. that there will be an unelected board that ultimately tells what you kind of treatments you can have and not have to get reimbursed. you'll have people who lose their insurance, up to 20 million people...
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combination of automatic spending cuts and experdition of tax cuts will force millions of americans to lose their jobs. neil cavuto is here to tell us why even though we a presidential election ahead. the fiscal cliff is bigger. >> it is certainly more immediate. this is an event that is coming. the question is are they going to do anything about it or not? both parties are waiting to see what will happen if their guy wins f. it the president wins and keeps the senate they will cobble together a deal to call for letting the income rate on the rich expire and so only their taxes go up . keep those other spending cuts in place. it is anyone's guess what president-elect romney does with or without a democratic senate. if it is a republican one, the argument goes that they would table everything for a year. all . spending cut bush rates for a year . that might prove easier said than done. all of them expire at the exact same moment and say nothing of the host of investment rates . i might point out a lot of individuals must be getting wind of this. they have with drawn a bit of money from
combination of automatic spending cuts and experdition of tax cuts will force millions of americans to lose their jobs. neil cavuto is here to tell us why even though we a presidential election ahead. the fiscal cliff is bigger. >> it is certainly more immediate. this is an event that is coming. the question is are they going to do anything about it or not? both parties are waiting to see what will happen if their guy wins f. it the president wins and keeps the senate they will cobble...
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it's tech's season, it's travises income the tax season, rabbit season and then he remembered bugs we will throw in the. >> which, it's travis' reason and he will notice and is automatically work out his tax season. okay. have your way. an elephant's willses shot in toward the hapless duck and closes the chernoff. that's the game liberals love to play with this issue. a job the legal part because it knows the difference between the two. there is no difference between someone who came to this country legally and follow the rules and some of his second and remains in violation of our laws. debate the issue, they always want to buy the distinction. i guess there's a difference with robbing a bank using the atm nighter. just taking money of the bank. but most americans another is a difference, and the group really knows of the immigrants themselves, people from europe and india, china, all over the globe who waited in line, filled out forms, debated -- obeyed the law and a love together by liberals with those who did not say -- that does not bother liberals because they hate their rentals
it's tech's season, it's travises income the tax season, rabbit season and then he remembered bugs we will throw in the. >> which, it's travis' reason and he will notice and is automatically work out his tax season. okay. have your way. an elephant's willses shot in toward the hapless duck and closes the chernoff. that's the game liberals love to play with this issue. a job the legal part because it knows the difference between the two. there is no difference between someone who came to...
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he'd eliminate taxes on capital gains, repeal the alternative minimum tax and estate tax and cut the top corporate tax rate from 35% to 25%. on the other hand president obama would keep tax rates the same for those making less than $250,000. he'd also raise the top two tax brackets to 36% and 39.6% and he has supported the buffet rule. he'd restore the estate tax but lower the corporate tax rate to 28% from 35%. so the choice is yours, undecided voter. but i see a clear distinction with one candidate supporting the rich, the other the middle and working class. now, on to a sliver of life that many see as only affecting one portion of the electorate but it's an issue that often divides us as a nation. number 8, abortion. with romney this gets a bit tricky. you see, in 1994 and 2020 he said he supported roe v. wade although he personally opposed it. in his 2008 presidential run he opposed it except in the case of rape, incest, or to save a mother's life and in 2012 he wants the supreme court to overturn roe v. wade. then on tuesday he said this. there's no legislation regarding in rega
he'd eliminate taxes on capital gains, repeal the alternative minimum tax and estate tax and cut the top corporate tax rate from 35% to 25%. on the other hand president obama would keep tax rates the same for those making less than $250,000. he'd also raise the top two tax brackets to 36% and 39.6% and he has supported the buffet rule. he'd restore the estate tax but lower the corporate tax rate to 28% from 35%. so the choice is yours, undecided voter. but i see a clear distinction with one...
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the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you will never get that bargain. i believe there are some republicans who say you go -- if you lower the top tax rate, that you cannot produce any new revenue for government. i do not believe that. i say if we generate new revenue, then pay down the debt faster, by down the rate further. so i am not one who says he cannot generate any new revenue. there was a question a while ago about and ethanol subsidy that i have been trying to get rid of for years. we finally did. that is about $6 billion. some republicans said if you get rid of that -- it's price revenue neutral. get rid of a bad subsidy.
the bush era tax cuts do not do enough. we need to abolish tax cuts -- taxes entirely. barack obama said he did not want to raise taxes on the middle class because the middle class buys cars. so did the rich. the rich spend money, too. the rich are part of the crowd that invest money to create jobs. that is what we need to be doing in america -- cutting everybody's taxes as far as possible. >> we got you. congressman, would you ok $3 in spending cuts for every $1 and revenue? >> you...
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yet that's exactly what mitt romney wants to do... ...to pay fo$250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. >>> movies range from comedy to history to thriller this weekend. >> you think these are serial murders? >> i don't know. >> the first one i found dates back to the '60s. >> in "sinister" ethan hawk plays a writer who moves into the home of a murdered family and finds their home movies of the killings. that is when his new home becomes a house of horror. "sinister" is rated "r" and is in theaters today. >> actor kevin james writes a check he can't cash. he plays a high school biology teacher whose school is threatening to cut extracurricular activities but the former wrestler comes up with a plan to come up with the money getting his face kicked in for cash at the mixed martial arts. here comes the boom is rated pg. >> also hitting theaters a movie that's ripped from the headlines. a film argo is based on the 1979 iran hostage crisis. ben aflac stars and poses as a f
yet that's exactly what mitt romney wants to do... ...to pay fo$250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. >>> movies range from comedy to history to thriller this weekend. >> you think these are serial murders? >> i don't know. >> the first one i found dates back to the '60s. >> in "sinister" ethan hawk plays a writer who moves into...
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will go to the tax man. and what is that? what is that $1,000 over the year? well, it is basically like six lattes at starbucks a week. a week. or five gallons of regular unleaded gas or 15 dozen eggs or seven gallons of orange juice. but it means that less money this paychecks to spend and that is one little part of the complicated tax structure and all of the difficult questions that we have right now that is looking pretty certain. it is looking pretty certain that payroll tax holiday is going away. randi. >> and all of those things that you show there affects a whole lot of people. who is going to give up the starbucks or the eggs or the orange juice in these are important things. >> yes, and you have to dig a little deeper next year for sure. >> all right. christine, thank you very much. >> no photo, no vote. that is the law in lots of states, but it has not ended the debate. we are focusing on voter i.d.s this morning and we have both sides of the argument. i'm with sandra who just got these great glas
will go to the tax man. and what is that? what is that $1,000 over the year? well, it is basically like six lattes at starbucks a week. a week. or five gallons of regular unleaded gas or 15 dozen eggs or seven gallons of orange juice. but it means that less money this paychecks to spend and that is one little part of the complicated tax structure and all of the difficult questions that we have right now that is looking pretty certain. it is looking pretty certain that payroll tax holiday is...
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we're going to cut taxes for the rich the most. you would say, that's not what you believe in. it's not what your record has been. why should we -- and so what's been amazing is to watch this battle happen over medicare. and joe biden just reduce it to i think what is the essence, which of these two parties do you really think is going to stand behind medicare in its current form. whatever paul ryan says about we're going to protect you, it's not going to be that bad, just look at the record and the vision and the ideological commitments. i don't think this is disingenuous. the different parties and coalitions have the records. >> that's why biden won. you were saying about shoring up democrats. he reminded them also not only that they could win but why they were democrats and what they were fighting for and the that it's possible to make a strong argument for it. >> for the democratic position? >> yeah. >> i think the emotional argument there is actually quite clever because, i mean, the most soporophic moment of the debate is where paul ryan receded into numbers. he's a bit w
we're going to cut taxes for the rich the most. you would say, that's not what you believe in. it's not what your record has been. why should we -- and so what's been amazing is to watch this battle happen over medicare. and joe biden just reduce it to i think what is the essence, which of these two parties do you really think is going to stand behind medicare in its current form. whatever paul ryan says about we're going to protect you, it's not going to be that bad, just look at the record...
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going back to this issue of his taxes not only has he not released his tax returns, as many presidential candidates have in the past, of course, but he's effectively paid a 14% rate on his taxes, and that is something that is a lower rate paid on investment income. let's have a listen to a little bit of that ad. >> you've paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? so you think it is fair? >> yeah, i think it's -- it's the right way you encourage economic growth. >> lower tax rates for him than us. is that the way to grow america? >> and so it goes, alex. the president leaving the white house just a little later this morning. >> mike viqueira, thank you very much. while the gop ticket is crisscrossing the crucial battleground state of ohio again today and mitt romney will be holding two events. one in portsmouth, another in lebanon. in hours paul ryan holds his rally in youngstown. that is where we find nbc's ron mott live at youngstown state university. we know that the campaign is making a very
going back to this issue of his taxes not only has he not released his tax returns, as many presidential candidates have in the past, of course, but he's effectively paid a 14% rate on his taxes, and that is something that is a lower rate paid on investment income. let's have a listen to a little bit of that ad. >> you've paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? so you think it is fair?...
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the end of the year, we are facing what could be the mother of all tax hikes because all those bush tax rates you allude to, not just for the wealthy, everybody, they all expire at the stroke of midnight on the new year. when we have hundred of millions of spending cut that kick in. so if they do it will to stop that, we are looking at something that the most optimistic economist estimate will slice a full percentage point off the gross domestic product. considering that's the amount we're growing, one full percentage point that could throw us back to recession. the killer here in the city nothing is being done about it. both sides waiting to see the outcome of the election. you think about it, after that, you have more than seven weeks to get your proverbial fiscal act together. the two sides extremely far apart. likelihood of something bad happening unless a miracle happens is pretty good. >> here is an example of what will happen if the tax cuts expire. tax increase for families between $412 to $14,000 for those making $400,000 and above. elec on the minds of the politicians. are you
the end of the year, we are facing what could be the mother of all tax hikes because all those bush tax rates you allude to, not just for the wealthy, everybody, they all expire at the stroke of midnight on the new year. when we have hundred of millions of spending cut that kick in. so if they do it will to stop that, we are looking at something that the most optimistic economist estimate will slice a full percentage point off the gross domestic product. considering that's the amount we're...
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tax cut unless you give the tax cut for the super wealthy. look, folk, use your common sense. who do you trust on this? >> sean: all right, joining me with analysis, charles krauthammer. you know, he also said holding hostage, they are down on america, they bet against america. you know, i would imagine if a republican said that they would be accused of questioning one's patriot. ism. >> there are two issues here, the media bias which is as constant as the sun rising in the east. have you to go with it because there is no other way. when you don't have a record, have you to do this kind of stuff. but you notice that biden can't get his story straight. he's talking about tax cuts for the super wealthy. that's not the position of his administration. what he is talking about tax cuts for anybody making over $200,000 a year that, could be super wealthy in his book, but have you a nurse and a firefighter, with a couple of kids and they could be at that threshold, calling them the super wealthy. i think it doesn't work that well. it seemed as if bi
tax cut unless you give the tax cut for the super wealthy. look, folk, use your common sense. who do you trust on this? >> sean: all right, joining me with analysis, charles krauthammer. you know, he also said holding hostage, they are down on america, they bet against america. you know, i would imagine if a republican said that they would be accused of questioning one's patriot. ism. >> there are two issues here, the media bias which is as constant as the sun rising in the east....
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jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and life of the mother. >> life begins at conception. that's the church's judgment. i accept it in my personal life. i just refuse to impose that on others, unlike my friend here, the congressman. i do not believe that we have a right to tell other people that women, they... they can't control their body. it's a decision between them and their doctor, in my view. and the supreme court-- i'm not going to interfere with that. >> woodruff: biden warned a conservative supreme court majority would overturn a woman's right t
jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose...
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and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named grover in order kwis. >> ezra, i have to say for me one of my favorite moments in the debate was with him pointing out the effective rate romney pays compared to what other people in the real world pay. i'm not sure how many people jumped on that a as their favorite moment but. >> you and me, lawrence. >> but biden is finding more effective ways of isolating that romney tax return 14% number. >> it wasn't just that. biden i thought actually figured out what obama didn't figure out a week before which is how to deal with the ryan/romney ticket on taxes, medicare and social
and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named...
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. >> these people are worried about taxes, social security, how to get out of the debt. have you old man biden laughing about it and laughing in a discussion about security and dead ambassadors, laughing about practically everything for the first half hour. i bet you a burve of young people did see an overbearing father that they think doesn't get t. i betcha. >> greta: today, the rnc chair, peeb -- reince priebus, calling the joe biden appearance, the smirk didn't work. >> that's right. >> greta: i expect the republican party not to be impressed with vice-president biden last night. smiles or no smiles. what was surprising to me was nbc's tom brokaw coming down hard on the vice-president for smirking about when we were talking about nuclear war with iran. >> i think serious people that looked at joe biden's behavior last night, they weren't impressed with t. even the people who thought that joe biden did an otherwise decent job, also threw into the conversation, look, it may have been much better if he didn't distract everyone by his own actions. look, i thought that pa
. >> these people are worried about taxes, social security, how to get out of the debt. have you old man biden laughing about it and laughing in a discussion about security and dead ambassadors, laughing about practically everything for the first half hour. i bet you a burve of young people did see an overbearing father that they think doesn't get t. i betcha. >> greta: today, the rnc chair, peeb -- reince priebus, calling the joe biden appearance, the smirk didn't work. >>...
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Oct 13, 2012
10/12
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>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you grow the economy, you take every last dime out of the economy. you let that money stay in and circulate and grow and create the jobs necessary and build that more secure future. you cannot continue to tax your way into prosperity. you can't spend your way into prosperity. small business is the solution if you get the government off the backs. you can't in fact, have more people hired, keep those that already have jobs and expand our economy. you don't do it by raising taxes during a recession. >> well, the fact is if you want to talk about job cre
>> tax and cut, tax and spend? which is better? it tells you if we borrow money -- why government feels it need to take our money away from us? if we have opportunity to invest it in job creation? why can't the government learn to balance its budget? why can't the government tighten its belt like everyone out here in this audience has to but this government does not want to. we're not going to be able to cut spending enough to balance the budget. we need to grow the economy in the way you...
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Oct 13, 2012
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is my middle class tax cut going away, is my home mortgage deduction going away. that matters. >> did he mention he drank so much water? look at the montage here of at least seven occasions, which is not a whole lot by any means where ryan keeps on gluging in a very nervous, repetitive way. it's always the same technique. the lean over, long stare into the cup, boom. i was amazed he kept it all in. what did yu make of his extraordinary water intake? because joe biden didn't drink at all. >> i think staying hydrated is really important. yeah, i think that joe biden has been in politics forever. he's very comfortable in a debate setting. paul ryan is a younger guy and i think he did a really great job holding his own in a debate that was predominantly foreign policy which has been joe biden's kind of wheelhouse during his entire long career in politics. you know, for me, for paul ryan to hold his own in that kind of environment, even if he's got to drink a lot of water to kind of keep cool and just stay level-headed, i think he did a good job. i'm proud that paul ry
is my middle class tax cut going away, is my home mortgage deduction going away. that matters. >> did he mention he drank so much water? look at the montage here of at least seven occasions, which is not a whole lot by any means where ryan keeps on gluging in a very nervous, repetitive way. it's always the same technique. the lean over, long stare into the cup, boom. i was amazed he kept it all in. what did yu make of his extraordinary water intake? because joe biden didn't drink at all....
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Oct 12, 2012
10/12
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they may more effective tax than governor romney pays in his federal incomes tax. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here, and instead of signing pledges to grover norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. >> joe klein, that's a winning riff from my account. the way he pronounced grover norquist is the way i pronounce with a "d" in it, it's like complete disdain for -- >> i think he won the debate at that moment. you know what distinguished that from almost everything else we see in these debates? it was real. that wasn't political talk. that wasn't focus group talk. that wasn't consultant talk. that was just joe. >> okay. there are a number of moments in the debate when paul ryan seemed to be playing defense against biden's attacks. here were the two candidates squaring off on the romney tax plan which remains impossible to defend in terms of mathematics.
they may more effective tax than governor romney pays in his federal incomes tax. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here, and instead of signing pledges to grover norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. >> joe klein, that's a winning riff from my account. the way he pronounced...
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Oct 12, 2012
10/12
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that mitt romney has ill alienated and put a distance between himself in the 47% who don't pay income taxes about their wanting a government handout. he hammer tfd again today. listen. >> the 47% this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [cheers] >> take some responsibility to help the american people, the middle class. >> there you see it the vice presidential debate in the history woox. another debated this tuesday. we find out from the romney campaign today that the former massachusetts governor is planning another big policy speech it will come next friday and it will be about spending, the size of government. what republicans really hope is one of the underlying key decisions that voters have to face. romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, o
that mitt romney has ill alienated and put a distance between himself in the 47% who don't pay income taxes about their wanting a government handout. he hammer tfd again today. listen. >> the 47% this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [cheers] >> take some responsibility to help the american people, the middle class. >> there you see it the vice presidential debate in the history woox. another debated...